Neoliberalism Questions
The role of neoliberalism in the European Union is to promote free market principles, deregulation, and privatization in order to enhance economic growth and competitiveness. Neoliberal policies aim to reduce government intervention in the economy, encourage trade liberalization, and promote fiscal discipline. These policies have been implemented in various EU member states, leading to the liberalization of markets, the establishment of a single currency (the Euro), and the creation of a common market. However, the impact of neoliberalism in the EU has been a subject of debate, with critics arguing that it has led to increased inequality, social unrest, and a lack of democratic accountability.